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Property profile & analytics
OFF-MARKET Estimated value $690,000
Auto shops

97 Penryn Rd Manheim, PA 17545-9326

4,480 SF 6.9 ac lot Built 1972
Individually Owned 22-yr Hold Free & Clear
Property ID
US73-1437484
Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1972
Construction STEEL FRAME
Total area 4,480 SF
Lot 6.9 ac (300,564 SF)
Zoning code R-2
APN 500-05558-0-0000
UPID US73-1437484
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$618k
Blend (final) Blend
$690k
Owner & transaction history
Penn Township (pa) · 22 yrs held
Penn Township (pa)
since 2004
1 recorded transaction
2004
Price N/A
Zoning & alternative use
R-2 · Manheim, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Residential Zone (R-2). A. Purpose. This zone acknowledges existing developed neighborhoods within the Borough that are characterized by detached dwellings upon deep and narrow lots. This zone will seek to protect these areas from the influence of conversion apartments and other nonresidential land uses. B. Permitted uses. (1) Single-family detached dwelling…

Zone name Residential
General category RESIDENTIAL
Zone area 70.91 ac
Top alternative use upside
Commercial (general) $1.1M +46.7%
Medical building $905,000 +21.0%
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